1

RECYCLING SOLUTIONS FOR

A WASTELESS SOCIETY

MAKING WASTE

MATTER.At Re.Group, we believe that recovering and recycling resources from waste is part of the critical infrastructure required in modern society.

CONTENTS

OURTEAM

WHO IS RE.GROUP

PRODUCT INNOVATION

KEY RE.GROUP PROJECTS

1CONTENTS

“To design, build, operate and optimise infrastructure that enables the maximum amount of waste to be diverted from disposal and positively re-used as a renewable resource.”

OUR MISSION

OUR VALUES

Re.ActWe have energy and enthusiasm. When we have made our decisions, we deliver on our promises quickly and effectively. Managers are empowered to make decisions to ensure our promises to clients are always met.

Re.ThinkWe like solving problems, being challenged, continual learning, embracing innovation and we’re always curious. Decisions are based on the long term and a balance between people, planet and profit.

Re.WardWe get enjoyment from our work and achievements by delivering high quality service and outcomes for our clients and the community.

Re.SpectWe adopt a partnership approach with our stakeholders. As individuals and as a company, we are reliable, transparent and trustworthy. We respect the same in each other and our partners.

Re.BalanceWe acknowledge the complexity of sustainable business and the need for equilibrium between people, the planet and profit. This means creating meaningful employment opportunities and continuously seeking to reduce environmental impacts whilst providing a return to investors.

“A wasteless society, where all resources that become waste are reused and are not disposed.”

OUR VISION

WHO IS RE.GROUP?We are an Australian owned company, focused on providing high quality services for recycling and recovery of resources from waste.

2 3WHO IS RE.GROUP?WHO IS RE.GROUP?

Refuse Derived Fuel & Energy

Compost & Organic Products

Recycled Commodities & Construction Materials

Mixed Waste (Red Bins)*Organic Waste (Green Bins)

Bespoke Design, Experienced Resource Recovery Operators

*Household mixed waste is collected in a variety of bins – blue, black, red and green

Recycling (Yellow Bins)

Business Platform

Our proven capabilities and global experience enable us to provide leading, bespoke end-to-end solutions for resource recovery.

DEVELOPMENT

Proven track record developing processing plants in Australia and internationally

Strategy development and understanding critical success factors

Ability and willingness to co-invest and fund projects and business growth through the support of existing shareholders

OPERATIONS

Leaders in Australian advanced resource recovery for over a decade

Experience across waste and recycling, renewable resources, and energy sectors

Lean and efficient local operating teams

Proven ability to create meaningful employment for disadvantaged people

ENGINEERING

In-house design and engineering focusing on the recycling and resource recovery industry

Experience, intellectual property and know-how

Delivered over 45 turnkey projects

Partnerships with internationally leading technology partners

PRODUCT DEVELOPMENT

Market development for new products

Product enhancement and continuous improvement

Navigation of regulatory and approval processes

Drivers of new legislation for the benefit of Australian recycling

4 5WHO IS RE.GROUP?WHO IS RE.GROUP?

Materials Recovery Facility

Waste Type:

Kerbside co-mingled

Re.Group Projects:

Hume, ACT Mackay, QLD Townsville, QLD

Product Outputs:

Cardboard Mixed Paper Ferrous Non-Ferrous Mixed Plastic HDPE PET Glass

Key Features:

Typically 8-10 year contracts

Modest capex requirements

Product quality and ability to segregate is essential

Target diversion of 90%+

Innovation:

Product enhancement – such as glass sand, plastics, improved quality

Making regional facilities economic

Organics Processing

Waste Type:

Kerbside organics

Re.Group Projects:

Shellharbour, NSW

Product Outputs:

Compost for sale in agricultural, horticultural and retail markets

Key Features:

Typically 8-10 year contracts

Enclosed facility will allow food too

High capex if enclosed, and has strict licensing requirements

Target diversion of 95%+

Innovation:

History of market development, working with regulators, offtakers, and technology providers

Controlled processing environment with odour management

Alternative Waste Treatment

Waste Type:

Kerbside MSW

Re.Group Projects:

Fully costed proposals currently in the market

Development services provided to Eastern Creek

Upgrades and enhancements delivered to other Australian and international AWT facilities

Product Outputs:

Compost for agricultural and mine site rehabilitation

Recyclates such as ferrous, non-ferrous, mixed plastics and RDF

Key Features:

Typically 20+ year contracts

Strict environmental licensing requirements

Target diversion of 65%+, up to 90% with RDF

Innovation:

RDF and Energy

Making sub-50,000tpa facilities economic

The Existing Portfolio

Re.Group is actively delivering resource recovery services from mixed waste and source-separated recycling streams.

6 7WHO IS RE.GROUP?WHO IS RE.GROUP?

Combined processing capacity300,000 + per annum.

15k tpa

15k tpa

25k tpa

60k tpa

220k tpa

5k tpa

TOWNSVILLE MRF – IN CONSTRUCTION

15,000tpa recycling

MACKAY MRF – OPERATING

15,000tpa recycling

MOBILE BALING – OPERATING

5,000tpa ag. plastics

EASTERN CREEK AWT – OPERATING*

220,000tpa MSW

SHELLHARBOUR – IN CONSTRUCTION

25,000tpa FOGO

CANBERRA MRF – OPERATING

60,000tpa recycling

The Group and its related entities currently control projects with a combined processing capacity of more than 300,000 tonnes per annum.

KEY RE.GROUP PROJECTSRe.Group is actively delivering resource recovery solutions from mixed waste and source-separated recycling streams.

*Xalt is a major shareholder of both Re.Group and Global Renewables, and Re.Group is contracted to provide developmentservices to Global Renewables.

98 KEY RE.GROUP PROJECTS KEY RE.GROUP PROJECTS

COMPOST

GLASS

BRICK

FUEL

CARBON

RECYCLATES PRODUCTINNOVATIONDevelopment of new marketsfor recovered products.

1110 PRODUCT INNOVATION PRODUCT INNOVATION

Glass Re.Group is developing new markets for recovered glass. This will improve local social and environmental benefits.

Re.Group has offtake agreements across all product lines including:

Use as a pool filtration and sand blasting medium

Use in the asphalt layer in road making

Use as a sand replacement in civil applications

Import of glass bottles, coupled with high recycling rates, means the supply of recovered glass exceeds demand for new glass making in Australia

Re.Group is the Australian agent for Krysteline, a UK-based specialist that has developed glass implosion technology

Re.Group has installed Glass Sand Plants in a number of Australian MRFs, including the Mackay and Hume MRFs

Re.Group is working to develop sustainable markets for recycled glass, addressing a key issue for the Australian recycling industry.

RecyclatesWe have a track record of maximising product quality and achieving premium market offtakes.

Re.Group has a demonstrated ability to identify and implement facility upgrades that can improve the quality of recovered materials, and achieve premium offtakes

Introduction of the Alchemy Optical Sorting system is a prime example, whereby we adapted proven technology from the fruit sorting industry for use in Australian recycling facilities

Our management focus, and our ability to innovative by deploying new technology, means we can sort material more efficiently

We have also led development of a new circuit to clean up metals recovered from mixed waste, in order to improve offtake opportunities

Our experience trading commodities from Australian waste streams, and strong relationships with key offtake partners, enables us to add value to recycling operations

Re.Group adds value through innovation, with a culture of continuous improvement and a strong focus on maximising the quality of products that are recovered at our recycling facilities.

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Compost

Re.Group has experience manufacturing organic products from source separated and mixed waste sources, in accordance with regulatory guidelines and market standards

Our team has lead the development of NSW markets for MSW-derived compost, with a focus on meeting the highest standards for agricultural uses

We are helping return degraded land to productivity, in particular through rehabilitation of mine sites

Organics in the waste stream can be recovered and used to improve local soil productivity, rather than being disposed to landfill where they create significant greenhouse gas and odour emissions.

Increasing organic matter is a key opportunity to improve the productivity of Australian soils.

Re.Group is seeking to provide the market fit-for-purpose composted products, including retail of high quality source-separated organics to councils and local communities

We work with leading compost distributors to understand customer requirements and achieve localised solutions

Our team has developed a new use for recovered organics, used in over 80 million bricks to date.

Low Carbon Brick

Our team is working with Brickworks to minimise the environmental impact of making building products, utilising renewable resources to replace clay.

RE.DUCE

Use of fossil fuel (natural gas) by drawing embodied energy from ARM

Consumption of non-renewable resources (clay)

Greenhouse Gas Emissions

Extensive research and development into using organics from MSW as an Alternative Raw Material (ARM) to replace clay in brick making

Compliant with the Building Code of Australia and NSW Environmental Protection Authority regulations

Produced over 80M bricks using up to 10% ARM

In full scale commercial production RE.SULTS

Lighter bricks

Improved thermal properties

Carbon neutral brick

Cost advantages

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Refuse Derived Fuel

Re.Group is completing detailed feasibility on an innovative hybrid fuel project, and expects to secure funding from the Australian Renewable Energy Agency (ARENA)

The project involves developing a new RDF boiler to provide steam into the re-heat circuit of an existing coal fired power station, reducing the carbon intensity of electricity provided to the national electricity market

Working in partnership with a leading energy retailer with over 2.5 million customer accounts and over 4.5GW of installed or contracted energy capacity

Local RDF offtake markets provide an opportunity to recover energy resources from parts of the waste stream that cannot currently be recycled in Australia

Our team has experience in production of RDF from Australian household waste, with a strong understanding of the fuel characteristics and best-practice combustion solutions

Re.Group is developing Australian markets for alternative fuels, such as RDF, which can reduce reliance on fossil fuels and also provide resource recovery opportunities for new materials.

We are working with leading energy retailers and energy users to provide new sources of fuel.

Carbon Credits

Our team includes the lead author for a joint industry methodology for the Carbon Farming Initiative, one of the first methodologies approved which was not sponsored by the Department of Climate Change and Energy Efficiency

Re.Group worked extensively on negotiating a transition package for the recycling industry during the change from the Carbon Farming Initiative to the Emissions Reduction Fund. Our work allowed AWTs to continue to benefit under the Emissions Reduction Fund, and preserves the right for new AWT facilities to financially benefit from the greenhouse gas reductions they achieve

Re.Group has lead the industry in securing carbon credits for diversion of waste from landfill, allowing the greenhouse benefits of these activities to be rewarded in national carbon credit schemes.

Re.Group sits on the Technical Working Group (Waste) for the Emissions Reduction Fund, the only industry representative exclusively devoted to waste diversion projects

Re.Group is a member of the Carbon Market Institute, and represents waste diversion projects on the CMI’s Carbon Project Developers Council committee

We have the skills and experience required to maximise our projects’ revenue from carbon credits.

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OUR VISION

“A WASTELESS SOCIETY, WHERE ALL RESOURCES THAT BECOME WASTE ARE REUSED AND ARE

NOT DISPOSED.”

www.re-group.com

Re.Group Pty Ltd (ACN 616 439 779)(Re.Group) has prepared this presentation (Presentation) solely for the benefit of the recipient and is strictly private and confidential. This presentation has been prepared for discussion purposes. The information contained in this presentation is given without liability whatsoever to Re.Group or any of its related entities or their respective directors, or officers, and is not intended to constitute advice in any respect. This presentation does not carry any right of publication. This presentation is incomplete without reference to, and should be viewed solely in conjunction with the oral briefing provided by Re.Group.

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